Today news
About the same in other media
Bitcoin struggles to hold $47K as Fed meeting adds to 'extreme' BTC market panic
Reading now: 806
Bitcoin (BTC) sought cues from the United States Federal Reserve on Dec. 14 as markets waited anxiously for news on policy.
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD continuing in a range around $47,000 as Wall St. opened on Dec. 15.
The pair had hit local highs of $48,785 on Bitstamp overnight but was down 3% at the time of writing ahead of a key Fed meeting.
The Federal Open Market Committee (FOMC) will begin discussions at 2 pm Eastern Time, with expectations focusing on interest rates, inflation and asset purchase tapering.
A hawkish stance is foremost in analysts' minds, this potentially causing pain for risk asset holders in the short term should the Fed's approach become less liberal.
"Markets are
Read more on cointelegraph.comAbout this in other media
Just 1.3 million Bitcoin left circulating on crypto exchanges cointelegraph.com /2 years ago
Supreme court to hold special session on Biden’s vaccine mandates for workers theguardian.com /2 years ago
USA: Credit unions bank on sentiment to seek approval to hold crypto-assets ambcrypto.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
